In our initial coverage of E2open’s latest corporate development undertaking, I discussed the recently announced E2open acquisition of icon-scm at a high level and foreshadowed something deeper. In other words, the acquisition is not just a story of a large best-of-breed player picking up a deeper niche provider in a similar industry (to gain new customers and new technology). It’s also a tale that starts with SAP many years ago. I will tell it quickly and bring us back to E2open and some recommendations for clients of these providers, as my analysis concludes.